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Business Savings

We know that as a business owner, you work hard for every dollar you earn and you want your savings to work as hard as you do. At Bank of Botetourt, we offer a variety of business savings solutions that add interest to your funds. From Money Market Accounts to basic Savings, we'll find the savings solution to fit your individual needs.

Savings Accounts Options

Learn about our business savings options below. If you don't see what you're looking for on this list, or if you have additional questions, just give us a call at 540-591-5000 or stop by one of our convenient locations. One of our dedicated employees will be happy to assist you over the phone or in person.

Business Savings

This is a great account for setting money aside for a special purpose or keeping savings separate from other funds.

Features

  • No average balance requirement.
  • No monthly service charges.
  • Interest is paid on balances of $100.00 and above.
  • Unlimited teller-line withdrawals and ATM withdrawals are permitted.
  • Bank of Botetourt will no longer limit the number of pre-authorized* transfers or withdrawals that may be completed from your savings account. Additionally, there will no longer be a Service Charge imposed when more than six pre-authorized transactions are completed in a calendar month.
  • Check today's Savings Rates

* Pre-authorized transfers include the following types of transactions: Telephone transfers, internet transactions such as Bill Pay and PayPal, overdraft protection transfers, and automatic transfers.

Business Money Market

This is a great account for those with limited transaction activity who want to earn higher interest rates. Tiered interest rates allow you to earn competitive rates on different account balances.

Features

  • An opening deposit of $2,500 is required.
  • A minimum average balance of $2,500 must be maintained to avoid being charged monthly maintenance fees of $15.00 per month.
  • Bank of Botetourt will no longer limit the number of pre-authorized** transfers or withdrawals that may be completed from your Money Market account. Additionally, there will no longer be a Service Charge imposed when more than six pre-authorized transactions are completed in a calendar month.
  • Check today's Savings Rates

**For Money Market Accounts, Pre-authorized transfers include the following types of transactions: The transfer or withdrawal of funds by telephone, by wire or PC, the use of overdraft protection, automatic payments, or checks.

Additional service fees may be applicable to these accounts. Please refer to the bank's Commercial Schedule of Fees brochure for more information.

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Let us help manage your cash!

Our treasury management services help you save time and money. We’ll work with you on developing a plan for the cash management needs of your business.

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Important Info

Routing Number: 051402550

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